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The on-campus properties
are located in two clusters. Two buildings are in the San Antonio CBD, adjacent
to the $175-million San Pedro Creek redevelopment. The other two buildings are
in the South Texas Medical Center – the largest medical research, education and
healthcare provider in South Texas.

Santa Rosa Professional
Pavilion (128,578 SF) and Rosa Verde Tower (123,324 SF), located in the San
Antonio CBD, sit on the CHRISTUS Children’s Hospital of San Antonio campus,
which recently underwent a $135-million renovation and expansion.

Santa Rosa Professional Pavilion (128,578 SF) and Rosa Verde Tower (123,324 SF), located in the San Antonio CBD, sit on the CHRISTUS Children’s Hospital of San Antonio campus, which recently underwent a $135-million renovation and expansion.

Northwest Towers I and II (171,509 SF),
located in the 900-acre South Texas Medical Center, are on the campus of
CHRISTUS Santa Rosa Hospital – Medical Center.

The new ownership will
invest $27 million into renovating and leasing the portfolio. The result will
be a high-quality medical office environment that will support world-class
medical professionals, serve the area’s growing patient population and meet the
strong demand for outpatient services. Property upgrades will include new
building lobbies, the addition of common area improvements, parking upgrades,
and state-of-the-art elevators and mechanical systems.

Lee Asher, Chris Bodnar and Scott Herbold of CBRE represented the undisclosed seller in the
transaction. Ed Cross and Brent Smith
of Cushman & Wakefield San Antonio Commercial Advisors advised the buyer. Chad Gunter of Transwestern will lead
leasing efforts on behalf of the new owners.

Santa Rosa Pavillion

“It was an honor to work
with our local expert partners and all the professionals at CHRISTUS to learn
about the needs of the San Antonio community,” said Kris Miller, President of Ackerman & Co. “Our intent is to
extend the success of the newly renovated Children’s Hospital into these
buildings to create a first-class clinical environment for the delivery of
medical care.”

“As part of our mission to
deliver top-quality medical space, our investment in these properties will be
patient-centric, physician-friendly and community-minded,” said Kyle O’Connor, President of MLL
Capital.

“Medical office continues
to be an asset class we believe has strong macro tailwinds and we are excited
about the opportunity to reposition these assets into a best-in-class medical
office portfolio,” added Rich Banjo,
managing principal at Artemis.

RUSKIN, FL, Aug. 8, 2017 –
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment
services firm with offices throughout the United States and Canada, today
announced the sale of Riverwood Apartments, a 45-unit apartment property
located in Ruskin, Florida, according to Ari Ravi, regional manager of the
firm’s Tampa office. The asset sold for $2,325,000.

Ned Roberts, Michael Donaldson and Nicholas Meoli, investment specialists in Marcus & Millichap’s
Tampa office, had the exclusive listing to market the property on behalf of the
seller, a limited liability company.

The buyer, a limited liability company, was
also secured and represented by the three brokers and Daniel Aviles and Michael Lombardi, investment specialists in
Marcus & Millichap’s New Jersey office.

"We leveraged Marcus
& Millichap’s national footprint to sell this asset for the full asking
price," said Ned Roberts. "The sale price per unit set a new record
for multifamily assets of this size and class in Ruskin.”

Riverwood Apartments is
located at 709 Oceanside Circle in Ruskin, Florida.

ST. PETERSBURG, FL, August
8, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate
investment services firm with offices throughout the United States and Canada,
today announced the sale of R & G Apartments, a 23-unit apartment property
located in St Petersburg, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office. The asset
sold for $1,700,000.

Joshua Teplitzky, Cameron Barbas, Francesco P.
Carriera, and Michael P. Regan
investment specialists in Marcus & Millichap’s Tampa office, had the
exclusive listing to market the property on behalf of the seller, a private
investor. The buyer, a private investor,
was also secured and represented by the same brokers.

“This transaction is yet
another which represents our ability to bring out of area capital into our
market regardless of asset size,” says Teplitzky.

“This property had a heavy
value-add component in a significantly redeveloping area in St. Petersburg,”
added Barbas. “The addition of local retail and dining, including but not
limited to Fresh Market, Publix and Trader Joe’s has had a significant impact
on both rents and property values in this submarket.”

“Our ability to articulate and convey the
tremendous growth path within this area led to a record breaking price point of
$73,913 per unit for 91% unrenovated 1920’s product with majority one-bedroom
floor plans,” concluded Teplitzky.

R & G Apartments is
located at 800 32nd Avenue North in Saint Petersburg, Florida.

CHICAGO, IL — The
joint-venture equity fund established by USAA Real Estate and HSA PrimeCare,
the national healthcare real estate division of Chicago-based HSA Commercial
Real Estate, announced the acquisition of a 45,722-square-foot medical office
building in Plymouth, Minn.

The building is
well-situated in the prominent western suburb of Minneapolis, within Plymouth’s
City Center, which features abundant community amenities including an
ice-skating area, Lifetime Fitness, a movie theater, and other shops,
restaurants and public services.

Built in 2014, the Class A
medical building is anchored by North Clinic, a large, independent physician
group that occupies the full first floor. With five locations and over 80
physicians, North Clinic is a leading primary care and women’s healthcare
services provider in the market. Institute for Athletic Medicine, a joint
venture between North Memorial Health and Fairview Hospital, is another premier
medical provider in the building. Institute for Athletic Medicine offers
orthopedic and sports rehabilitation services.

Len O'Donnell

“This building and
location are highly strategic for North Clinic and offer prospective tenants
new, high-quality medical office space near the leading primary care provider in
the market,” said Jon Boley, senior
vice president of acquisitions and development at HSA PrimeCare.

“We’re looking
forward to partnering with local healthcare providers and further expanding HSA
PrimeCare’s healthcare real estate services into the Minneapolis market.”

HSA PrimeCare and USAA
Real Estate announced the formation of its joint-venture equity fund in 2016.
It is positioned to acquire and develop a broad range of healthcare facilities
across an 11-state territory in the Midwest.

“Alongside our partner,
HSA PrimeCare, we are proud to expand our portfolio in alliance with leading
health systems and private practice providers in the region,” commented Len O’Donnell, president and chief
executive officer of USAA Real Estate. “This acquisition is another
representation of our ongoing strategy to capitalize on emerging opportunities
in the healthcare industry.”

Brian Bruggeman

HSA PrimeCare will be
jointly managing the building with Minneapolis-based Frauenshuh Commercial Real
Estate. Brian Bruggeman and Louis Suarez of Colliers International will be
retained for leasing.

David Berglund
of Colliers International represented the seller of the building.

Mr. Scott will target the southeast region for
Arbor and will focus primarily on originating agency and structured loan
transactions. He is based out of Arbor’s Atlanta office and reports directly to
John Caulfield, Arbor’s Chief Operating
Officer, Agency Lending.

With over 16 years of
industry experience, Mr. Scott has extensive experience delivering client
specific financing across all agency platforms as well as CMBS and structured
loan products.

“We are thrilled to have
Jason join the Arbor team as Regional Managing Director, Southeast,” said Mr.
Caulfield. “Jason brings deep industry experience working on complex agency and
structured transactions. Jason’s coming onboard reflects Arbor’s growing
presence in this region and we believe his experience will greatly complement
our efforts to serve our growing client base.”

John Caulfield

For the past decade, Mr. Scott was employed by
Regions Bank in Atlanta, most recently serving as a Director of Originations.

He was also at RBC Capital Markets in Atlanta in their Real Estate Investment
Banking division, working on mergers and acquisitions and raising both debt and
equity for public REIT clients.

In addition, he served as a Senior Associate,
Investment Banking at FTI Capital Advisors/Andersen Corporate Finance in New
York.

Mr. Scott holds a Master
of Science in Real Estate Development from Columbia University and a Master of
Business Administration from California Polytechnic State University. He
graduated from the Virginia Polytechnic Institute and State University with a
Bachelor of Science in Finance.

Trinity, FL --- Hold-Thyssen, Inc., a full service
commercial property firm based in Winter Park, with offices in Clearwater,
recently negotiated the $240,000.00 all cash sale of a 1,640 square foot
professional office condo at 1839 Health Care Drive in New Port Richey.

Kinnard also negotiated a
new lease for 1,025 square feet of office space at 1842 Health Care Drive in
Trinity representing Landlord Trinity Medical Holdings, Inc.Tenant Fairway Independent Mortgage Corp.
based in Madison, Wisconsin with 639 locations in the U.S., was represented in
the transaction by Alpha Terra, Inc.

Hold-Thyssen based in
Winter Park with offices in Clearwater, provides commercial property brokerage
and leasing and management services to institutional and private investor
clients nationwide. The 40-year old
firm’s current portfolio includes more than 100 commercial properties
throughout the United States.